Tag: Corporate

Dear MarketWatch, My wife and I have been renting for many years, and we think it’s time to buy our first house. We live in Westchester County, N.Y., and we are looking for a home in the $450,000 to $...

California, Florida, and Inflation Are Sinking Solar

Text size Ethan Miller/Getty Images The solar power industry is destined to grow many times over in the coming decades, and several companies will undoubtedly become behemoths. But the current picture...

Biden Wants to Nix a Trump-Era Retirement Plan Rule. So Does Wall Street.

The Labor Department’s plan to reverse a Trump-era rule and allow retirement accounts to incorporate values-themed investing strategies enjoys overwhelming public support, according to a new study of ...

Opinion: These 2 numbers sum up why the housing market won’t get back to normal for a long time

Last week I got a letter in the mail. Like you, I’m surprised this still exists as a practice but desperate times call for desperate measures: Courtesy Ben Carlson Now I would like to think our house ...

Amazon holiday earnings blow away expectations (thanks to Rivian), stock spikes

Amazon.com Inc. executives thought that supply-chain and staffing concerns could wipe away their holiday profit. They were wrong. Amazon AMZN, -7.81% reported fourth-quarter profit of $14.3 billion, o...

Facebook wasn’t Thursday’s only big loser — these 16 other Nasdaq-100 stocks dropped at least 5%

Thursday was brutal for technology stock investors, as the carnage spread far beyond the parent company of Facebook. Below is a list of the worst 20 performers among the Nasdaq-100 on Feb. 3., led by ...

How Rivian Rescued Amazon Earnings–But Not Ford

Text size Courtesy of Rivian Amazon.com ‘s huge earnings beat was mostly driven by gains from its holdings of Rivian Automotive stock. Ford Motor owns Rivian stock too. Like Amazon , it reported bette...

Amazon Stock Soars on Good Enough Earnings. The Price of Prime Is Going Up.

Amazon . com reported strong fourth-quarter results on Thursday, driven by strong growth in both its AWS cloud unit and its growing advertising business. The results could be a relief to some investor...

Snap and Pinterest Sink After Meta’s Big Miss. Both Report Earnings Thursday.

Text size nikkimeel/Dreamstime Shares of Snap and Pinterest and pretty much all social media stocks were falling sharply Thursday after Meta Platforms , the parent of Facebook, reported weaker-than-ex...

Why the Winners and Losers of Meta’s Earnings Will Become Clearer Today

Facebook ‘s parent company is definitely one of the most unfriended on Wall Street right now. Meta Platforms (ticker: FB), which owns Facebook, Instagram, and WhatsApp, is seeing its stock go into fre...

Nokia Reinstates Dividend, Sets New, Long-Term Margins Target

Text size The logo of telecommunications giant Nokia before the company’s press conference in Espoo, Finland. Markku Ulander /Lehtikuva/AFP via Getty Images Nokia on Thursday reinstated its quar...

The party’s over for AMC and GameStop investors — but the luckier meme-stock winners are now bracing for a massive tax bill

When Jason Gutierrez kept refreshing GameStop’s performance between work tasks during the wild, early days of 2021, he admits future tax obligations weren’t his No. 1 priority. “It was in the back of ...

Opinion: Biden borrows too much, while America’s economy hollows out

It’s easy to be distracted by Russia’s provocations in Ukraine and the Federal Reserve’s new war on inflation but as the economy recovers from the delta and omicron variants, difficult post-pandemic c...

Should You Buy PayPal Stock After Its Big Drop? Don’t Rush In.

PayPal refrained from reiterating growth targets, trimmed its forecasts, and said it was shifting strategy away from growing its user base in its latest earnings. Dreamstime Text size PayPal Holdings ...

Opinion: Meta CFO cries ‘wolf’ again with bleak Facebook outlook — but he may be right this time

Chief Financial Officer David Wehner has warned of impending financial doom at Facebook so many times that this column has dubbed him “the Chicken Little of Silicon Valley.” But this time, the sky may...

Facebook Parent Meta Ramped Up Stock Buybacks at a Bad Time

Text size Meta’s record $19.2 billion of share repurchases in the fourth quarter amounted to 2% of the company’s shares outstanding. Mandel Ngan/AFP via Getty Images Mark Zuckerberg picked...

Here’s Why PayPal Stock Fell Down So Much Today

Text size PayPal stock is on pace for its worst percentage decline on record. Getty Images PayPal stock was in free-fall as investors—and Wall Street—reassessed the payments company after it issued a ...

Facebook parent Meta stands to shed more than $200 billion in market value after rough earnings report

Shares of Facebook parent Meta Platforms Inc. plunged more than 20% in extended trading Wednesday after detailing a holiday-earnings miss, weak guidance and intensifying competition. Meta FB, +1.25% s...

CNN President Jeff Zucker Resigns, Citing Relationship With Colleague

CNN President Jeff Zucker has resigned from the cable news network, citing his failure to disclose a consensual relationship with a close colleague, according to an email he sent to staff on Wednesday...

Opinion: Invest in Google if you like — but that stock split isn’t a solid reason to be bullish

CHAPEL HILL, N.C. – Alphabet’s just-announced 20-for-1 stock split is not the bullish omen that investors are making it out to be. There are two major arguments being given for why this stock split is...

Dynatrace Reports Strong Earnings. Why the Stock Is Falling Sharply.

Text size Dreamstime Shares of Dynatrace fell sharply after the software intelligence company posted earnings that beat expectations, but issued guidance that disappointed investors. Dynatrace (ticker...

PayPal Is Plunging. Wall Street Is Reassessing the Stock.

Text size PayPal stock pointed 19% lower in premarket trading Wednesday. Getty Images PayPal ‘s fourth-quarter earnings, and particularly its disappointing outlook, are spooking investors. Wall Street...

The ‘best job in America’ pays $145,000, has 14,000 job openings — and offers a generous work-life balance

A six-figure salary and the option to work from home? It sounds too good to be true. Job openings are rising, while workers continue to quit. The number of vacant jobs hit 10.9 million in December, up...

Alphabet Stock Is Soaring After an Impressive Earnings Beat

Text size Stock in Alphabet, Google’s parent, is up more than 40% over the past year. Sean Gallup/Getty Images Alphabet crushed expectations and announced plans for a 20-for-one stock split afte...

Opinion: Google is finally splitting its stock; will Amazon be next, leading to a Dow shakeup?

Alphabet Inc. is finally carving into its gargantuan stock price with a stock split, which leaves only one Big Tech company remaining with a huge per-share price despite an easy avenue to change it. A...

Google could challenge for $2 trillion market cap after earnings, stock-split news

Google parent Alphabet Inc. headed toward a couple of elusive marks Tuesday evening, after disclosing earnings and plans for a stock split: A $3,000 share price and $2 trillion market cap. Alphabet sh...

PayPal stock sinks after earnings as inflation, spending pressures weigh on outlook

PayPal Holdings Inc. largely matched expectations for its holiday quarter but shares plunged late Tuesday after the company delivered an earnings forecast that came up shy of expectations. Shares were...

PayPal Stock Sinks as Earnings Miss, Guidance ‘Lacks Anything Redeeming’

Text size PayPal stock was sinking after the company reported disappointing earnings. Justin Sullivan/Getty Images PayPal stock was sinking after the payments company reported earnings and guidance th...

AMD Reports Earnings This Afternoon. Here’s What to Expect.

Text size An AMD processor. Growth in demand for chips used in PCs is expected to slow, while analysts are upbeat about the outlook for servers. Dreamstime While the recent downdraft in high-price tec...

AT&T Is Getting Closer to a Clean Slate. Here’s What Comes Next.

Text size After a saga of misguided M&A, there’s still work to be done for AT&T. Patrick T. Fallon/AFP via Getty Images AT&T shed some light on its pending exit from the media business on ...

AT&T CFO Defends Spinoff, Saying It Benefits Retail Investors

Text size AT&T’s chief financial officer, Pascal Desroches. Courtesy AT&T AT&T is defending its move to spin off its big stake in WarnerMedia rather than pursue a split-off, or excha...

AT&T’s Move to Spin Off WarnerMedia Disappoints Investors